Q: What are your interest rates?

A: Fourth Fleet Financial works with multiple lenders so that we can provide the best loans with the best rates. Your specific interest rate will depend on your credit profile. Our job is to match you with the lender who can provide the best loan for your situation.

Q: What lenders does Fourth Fleet work with?

A: Fourth Fleet only partners with national lenders who specialize in auto finance and provide both great rates and quality customer service. We are a meaningful source of quality customers for lenders with whom we have corporate partnerships, therefore you benefit from our long-term relationships. It is our practice to constantly evaluate additional lenders with leading rates and the best programs to add to our platform when identified.

Q: How does the Fourth Fleet process work?

A: Obtaining a loan can be confusing and maybe even uncomfortable for some people. At Fourth Fleet, we consider it our job to make the experience as convenient and friendly as possible.

To do so, Fourth Fleet reviews your credit profile to match you with a lender. With ongoing personal communication, we inform you when the loan is approved, assist you with required paperwork, act as your advocate and manage the lender through the funding process and ensure a timely, accurate and easy loan funding for you.

Q: When will I know if I'm approved?

A: Over 80% of our loan decisions occur in one business day.

Q: What if my credit is bad? Is it possible for me to get financing?

A: Our lenders are going to look at an applicants credit score as well as the vehicle information including mileage and loan to value ratio. Unfortunately at this time, we do not have have any lenders who will finance vehicles with over 120K miles.

Q: Can I apply with a co-applicant?

A: Yes. A co-applicant can increase the chances of getting your loan approved, assuming the co-applicant has acceptable credit. In cases where your credit is not perfect or your income is not over $2,000 per month, we suggest using a co-applicant.

Q: If I'm not approved, can I use a co-signer?

A: Yes. A co-applicant, or co-signer (they both mean the same thing) can increase the chances of getting your loan if you're application is declined.

Q: Can I apply online?

A: Fourth Fleet works with our sister company, NOVAK MOTORS to provide a secure online application for your convenience. Once you have submitted the application online, we will send you an email acknowledging that the application has been received and is being processed.

Q: How long does it take to apply?

A: Applications can be completed online. It will take 5-15 minutes depending on your situation.

Q: What about DMV or Transportation Department paperwork, sales taxes and title fees?

A: The process can vary and depends on the loan product, but in all cases, DMV or Transportation Department paperwork is handled as part of the loan process. We share DMV or Transportation Department processing duties with our lending partners in an effort to provide the most expedient service possible. Applicable sales taxes and title fees are typically included in the loan as well. When you receive your loan documents, these items and the process will be explained to you. Of course, you can call your Fourth Fleet loan consultant if you have any questions along the way.

Q: Does applying affect my credit?

A: The process of applying for an automobile loan will result in your credit being accessed by one or more of our lending partners. Credit reporting agencies now count multiple credit inquiries from the same type of business (automobile or home loan lenders, for example) accessed over a 30 day period as a single (one) inquiry. Fourth Fleet and all our lending partners use the same business or industry code, so even multiple credit inquiries will count as a single instance.

Q: Does Fourth Fleet offer extended service protection or warranties?

A: Yes. We pride ourselves on offering only the best products backed by reputable, U.S.-based, top rated insurance companies with high customer satisfaction ratings for service contracts. Extended Service Protection protects your car after the manufacturer's warranty expires. You may purchase one as part of your loan.

Q: What's the status of my loan?

A: You may call us at 1-800-259-7472 from 8:00 a.m. to 5:00 p.m. cst Monday through Friday and ask your loan consultant for the status of your loan.

Q: How does the Fourth Fleet process work?

A: You submit the application securely online. We will then email you with an approved loan quote or let you know we were not able to find a match. Once you have decided to take our loan product, you email or fax us your fleet or lease payoff documents. This starts the loan process. We will then email you the lenders loan documents for you to sign and mail back to us. Once funded, we will payoff your lease or fleet company and assist you in the title transfer process.